Gary Tanashian

With all the tedious micromanagement of the gold-silver ratio (GSR) that has gone on here, all the ‘talking in riddles’ and vague concepts, what is the actual meaning behind things? Damned if I know… I am going to leave the great questions to be answered by the great minds. Is this the end of the … Continue reading

“Sell Gold, Buy Oil: The Numbers Are Clear” Oh Really? A website called Chart Facts has an article on SeekingAlpha called Sell Gold, Buy Oil: The Numbers Are Clear. While attempting to restrain some of the sarcastic tone I sometimes exhibit, I would like to critique this article point for point. “Gold has witnessed a … Continue reading

Say, remember this post in support of a stronger USD and end to the Hope 09 festivities? The original is somewhere here on my personal blog but the SeekingAlpha version is linked so you can read the comments, the first two of which tell me “you hold onto your dollars, I’ll hold onto my gold.” … Continue reading

I say sorry because I realize it is out of style in the midst of manic impulsiveness to drag out the dour old fuddy duddy stuff yet again. But the GSR is not broken, therefore the deflationary impulse scenario is not broken. Prechter is not broken for that matter. Would-be bears must realize that these … Continue reading

Now nothing… because a target is just a target. We have been here before; those of us who have been around the precious metals markets throughout the current, ongoing secular bull. We have been through the extended periods of questioning by ‘the faithful’ as to why the ancient monetary relic does not keep up with … Continue reading

NFTRH84 stated that ZSL was bought on Friday’s upside in silver to ‘oversee’ silver stocks FR.to and XYZ.to (not its real symbol, obviously), the latter of which was added to last week. For its part, FR was held despite messing with the breakout (neck) line. So, I guess ZSL did its job in losing me … Continue reading

Here is an NFTRH chart that was used to support a bullish stance in gold vs. all the paper garbage many weeks ago when there still seemed to be some doubt as to whether the monetary metal was going to assert itself sooner rather than later. Gold in Aussie, Canada and Yen are joining the … Continue reading

Big picture look at the greenback….

My usual TTC is the $GOLD:$SPX ratio, which will not update until after hours. So here is a look at surrogate GLD-SPY. Is this a picture of impatient, momo following, non-perspective-having dumb money getting played yet again? All the while, gold has been in consolidation of the unsustainable upside it experienced in ratio to everything … Continue reading

As for nominal market charts, little is resolved by today’s expression of relief. Once again the bear case for the broad markets finds itself on a thin line. If silver breaks upward in ratio to gold (SLV-GLD shown here) then PM stocks should rebound strongly yes, but so too will the bull case likely remain … Continue reading